SWIFT Code KTEFAEAD — KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED, DUBAI

About SWIFT Code KTEFAEAD — KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED, DUBAI

SWIFT code KTEFAEAD is the official 8-character head-office BIC (Bank Identifier Code) for KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED in DUBAI, United Arab Emirates. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED for all outward international remittances from DUBAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code KTEFAEAD

The code KTEFAEAD follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code KTEFAEAD

Receiving International Wire Transfers

To receive money from abroad at your KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED account in DUBAI, share SWIFT code KTEFAEAD with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED, DUBAI must provide SWIFT code KTEFAEAD. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED in DUBAI rely on SWIFT code KTEFAEAD for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED →

For cheque clearing or NACH mandates, use the MICR code for KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED →

For TDS challan deposits, find the BSR code for KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED →

How SWIFT Code KTEFAEAD Routes an International Transfer

1. Initiation: The sender provides SWIFT code KTEFAEAD and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code KTEFAEAD

• Spaces or lowercase letters — Always enter KTEFAEAD uppercase with no spaces.
• Using the wrong city — This code is for DUBAI only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within United Arab Emirates.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm KTEFAEAD directly with KUWAIT TURKISH PARTICIPATION BANK DUBAI LIMITED's DUBAI branch or via the SWIFT BIC Directory.